Sales and Sales Management Blog

May 9, 2009

Book Review: The One Minute Closer: Time-Tested, No-Fail Strategies for Clinching Every Sale

Filed under: Book Reviews,Closing Sales,sales,selling,trust — Paul McCord @ 2:47 pm
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one minute closerIf you love old school manipulative selling techniques (you know the ones, those that have given salespeople a reputation on par with thieves, ambulance chasers, and snakes), you’ll love The One Minute Closer: Time-Tested, No-Fail Strategies for Clinching Every Sale (Business Plus:  2008), by James W Pickens and Joseph L Matheny.

Seldom do I post a review of a book that I don’t find to be at least somewhat helpful, but The One Minute Closer is so bad, so destructive to the selling profession, and such a waste of money, that I believe I would be doing a disservice not letting readers know why they should avoid wasting their money and their time on this dreadful piece of trash.

According to the authors, The One Minute Closer is designed to relate the wisdom of over 50 ‘master closers’ from around the world that will teach salespeople the closing techniques that will turn them into master closers also. 

In fact, what Pickens and Matheny have done is write a small book on how to be as unethical in sales as possible.  This is a master course in deception, manipulation, lying, and impersonating sincerity.  Despite the author’s claims, it is doubtful that many of the supposed ‘master closes’ presented would do anything more than alienate prospects at best and get you thrown out on your ear at worse. 

The One Minute Closer is chock-full of wisdom such as

  • “when the master closer asks his customer to purchase, he will intentionally lower his head slightly and get a few degrees below the eye level of his customer.  Then as the customer considers his response, the closer will slowly bring his head up, almost unnoticeably, so his eyes are on the same level as the customer’s.  Then, right at the exact second  when the customer starts to make a sound, the closer will move his eye level up a few degrees above the customer’s eye level.  At that point, he will keep his head and eyes steady.  This very slight head and eye movement is magic.  What it does to the customer is surprising.  The customer, completely unaware of what the closer is doing, will automatically raise his head and eyes to meet the closer’s.  This upward physical movement actually encourages the customer to give a positive response.  This secret closing technique works, but the master closer has to be very subtle and deliberate in his movement.  There can’t be any sudden movement that might alert the customer.”
  • The “one dollar vs. one-hundred dollar close.  In this close when your customer says they can’t make a decision, take out a one dollar bill and a one-hundred dollar bill and ask which one the customer would like to have.  Of course, they’ll say the one-hundred dollar bill.  You then say to your customer, “Mr Customer, don’t ever tell me again that you can’t make a decision, because you just did.”
  • The “what would Jesus do” close.  You use this close when your customer “is a Sunday go to meeting” type (throughout the book this level of respect for customers is demonstrated).  You acknowledge that you know he is a fine Christian and state that you understand that he wants to be like Jesus, just as every good Christian does.  You then tell the customer that you’ll give him your product or service free if he can show you anywhere in the Bible where Jesus said, “let me first ask my friend,” or “let me first ask my accountant,” or “I have to think about it.”  You point out that Jesus never had to hesitate to make a decision on his own.  According to the authors, after delivering this close, “The customer is stunned.  The master closer has made such a strong and truthful point, the customer doesn’t know what to say.”

The above is just a small taste of the book’s BS.  Sometimes when reading the book it is difficult to tell whether the authors are serious or are having a good laugh at how gullible some salespeople might be.  If it weren’t so serious, this book would be hilarious. 

This isn’t to say, however, that the book doesn’t have a small bit of useful information.  It does.  It’s just that the majority of the useful information is so basic and so intuitively obvious that it would be classified as common knowledge, such as ‘treat evey customer like a millionaire’ and ‘it’s difficult to dislike people who like you.’

Whatever you do, save your money, don’t buy this one.

May 4, 2009

Book Review: Let’s Get Real or Let’s Not Play, by Mahan Khalsa and Randy Illig

lets-get-real-2The key to success in sales is, according to Mahan Khalsa and Randy Illig, authors of Let’s Get Real or Let’s Not Play: Transforming the Buyer/Seller Relationship (Portfolio: 2008), helping the client reach their goals, that is, putting the client’s success first.

Nice, but hardly a novel sentiment.

We’ve all read dozens upon dozens of books telling us that we must put the client first.  Nothing new here. 

The problem with all those other books is they haven’t given us a workable way to deal with the unspoken but paramount issue separating clients and sellers and preventing us from truly putting our client first—fear.  The client’s fear of being taken advantage of and our fear of losing a sale. 

Creating a way, a path, for us to work with our clients in a format that eliminates the ingrained fears of our clients and ourselves is the primary contribution of Let’s Get Real or Let’s Not Play.

The authors begin their journey in creating a process that will allow us as sellers to really seek our client’s success first and foremost by outlining their 5 key beliefs:

  1. Consultants (sellers) and Clients Want the Same Thing.
  2. Intent Counts More than Technique
  3. Solutions Have No Inherent Value
  4. Methodology Matters
  5. World-class Inquiry Precedes World-class Advocacy

The authors argue that these five key beliefs set the groundwork for a process that will allow sellers to deal with prospects and clients in an honest, straightforward manner where we can work with them to really discover their issues and needs, gather the hard information we need to create a solution that puts our client’s success above all else, and we can do these without the fear of wasting our time and resources pursuing non-business.

Khalsa and Illig devote almost half of the book to discussing how to qualify an opportunity because the qualification process sets the stage for remainder of the process.  As sellers, we must make sure that we a pursuing a legitimate business opportunity.  We cannot afford to waste our time and energy pursuing non-business.  Consequently, we have to qualify based on Opportunity (is it worth pursuing); Time (reasonable and adequate); People (who does what and is it the right mix); Money (can the client afford it); and Decision Process (who, what, when, and how decisions are made).

Exploring each of these areas reveals whether or not we should go forward.  Naturally, getting a green light in each area means we go forward.  A red light in any area means there isn’t a viable business opportunity now.  The real key is looking out for and understanding how to handle yellow lights—situations, questions, and issues that must be fully and honestly investigated to determine whether they are actually red lights or can be clarified into green lights.

The last half of the book is dedicated primarily to discussing how, when and where to present the solution proposal.  At the crux of the proposal is its purpose—to enable a decision.  Everything has lead up to this, the decision enabling meeting.  The authors walk us through the process of creating a meeting plan that leads naturally to making the purchase commitment.  Although useful and well laid out, I found this part of the book to be less compelling than the first half that dealt with qualifying.

The process Khalsa and Illig layout is thorough and workable if not seeming a bit cumbersome at times (the “Quick Reference Guide” in the appendix 16 pages long, hardly ‘quick’).  It does, however, address the fear issues that keep sellers and clients from working together to clarify and address core issues with which the client is struggling. 

Designed for and well worth the read of any salesperson or sales leader engaged in the complex sale, the book is also worthwhile for salespeople and managers engaged in any relationship driven sale, even for those engaged in consumer sales as many of the observations are applicable in numerous sales environments.

January 13, 2009

Book Review: Making the Number: How to Use Sales Benchmarking to Drive Performance

making-the-numberMaking the Number. How to Use Sales Benchmarking to Drive Performance. By Greg Alexander, Arron Batels &  Mike Drapeau; Portfolio, 2008

Greg Alexander, Aaron Batels, and Mike Drapeau have written a very serious book for very serious sales leaders.  The authors have tackled one of sales great issues-tracking ROI on sales investment, and packed a great deal of wisdom and challenge in a relatively modest 288 pages.

Although many still view sales as far more art than science, leaving little room for serious number crunching of performance and production factors, Making the Number sets out a detailed process for establishing and analyzing sales metrics-and more importantly, the real world impact and change such a process can bring to a company and a sales team.

One of the few but growing number of sources that seeks to address the process of benchmarking sales in depth, Making the Number should be required reading for any sales leader who is seriously interested in full accountability for and development of the sales department.

The authors try to bring their theory down to the real world by illustrating their concepts through case studies of Discover Financial Services and FranklinCovey, as well as several other companies.  This is a theory book-but also a very practical application book.

By far the most irritating aspect of the book for me (although one that has become the norm in the business sector of publishing) is the repeated reference to–and by inference promoting of–the author’s company, Sales Benchmark Index.

No matter what level of sales leader you are, I would encourage you to get a copy and work your way through it.  It isn’t a weekend read by any means.  As I said, it’s a serious book for serious sales leaders with serious results for those who implement what they learn.

August 5, 2008

New Referral Book Coming Spring of 2009 from Sales Gravy Press

Sales Gravy Press Signs Best-Selling Author Paul McCord

Author and internationally recognized sales trainer Paul McCord has signed with Sales Gravy Press to publish his newest book, a follow-up work to his best-selling book on referrals, Creating a Million Dollar a Year Sales Income: Sales Success through Client Referrals (Wiley 2006).

Cape Coral, FL (PRWEB) July 31, 2008 — Author and internationally recognized sales trainer Paul McCord has signed with Sales Gravy Press to publish his newest book, a follow-up work to his best-selling book on referrals, “Creating a Million Dollar a Year Sales Income: Sales Success through Client Referrals” (Wiley 2006). The new book leads the reader through specific application strategies of the groundbreaking referral generation process laid out in Creating a Million Dollar a Year Sales Income.

“The initial book laid the groundwork for a disciplined, predictable, effective process for generating a large number of high quality referrals from each client,” McCord said, “and now I show salespeople how to apply those principles to specific situations. The first book demonstrated why the training they received hasn’t worked and walked them through a process that not only generates referrals, but generates a large number of high quality referrals. The new book goes even further and shows salespeople how to mine their database, turn cold calls into referred calls, and how to make giving referrals so easy they can generate 10, 15, 20 or more quality referrals from every one of their clients.”

With almost three decades under his belt as a salesperson, manager, business owner, and consultant, McCord’s experience and knowledge is both wide and deep. And like most of us, his life’s journey has taken some strange turns. “I thought I was going to be an academic, teaching Philosophy in a university,” he admits. “But as a doctoral student, it became clear that I didn’t have the personality for the academic life. I was more attracted to the real than the theoretical. I left the program and went into sales — and what’s more real than selling? Now, almost thirty years later, I’m back where I started–teaching, combining my love of working with and training salespeople and managers with the hard lessons I’ve learned over the years in the sales business.”

“Getting Paul on board is a huge win for Sales Gravy Press,” said Publisher, Jeb Blount. “Paul’s large following and proven success as an author are cornerstones in our mission to build a foundation of the brightest authors, speakers, thought leaders, and experts in the sales profession. We are just ecstatic that Paul has joined the Sales Gravy family.”

The new book will be released in the spring of 2009.

August 4, 2008

Interview with Mike Brooks, Mr. Inside Sales, on His New Book

Mike Brooks, Mr. Inside Sales, has just released The Real Secrets of the Top 20% (Sales Gravy Press, 2008). I interview him about the book and how it will help salespeople increase their effectiveness and their income.

mike-brooks-invterview-revised

The Real Secrets of the Top 20% is available at Amazon, Barnes and Noble, Borders, and all fine bookstores.

June 30, 2008

2008 Book Awards: Searching for the Best in Sales

The Sales Book Awards recognize books, authors, and publishers whose work advances sales as a profession.

Atlanta, Georgia June 25, 2008 — During one of their regular conversations, two avid readers, writers, and globally recognized sales experts lamented that sales books were often overlooked by book award programs and shunned by many in the publishing industry.

Jeb Blount, CEO of the sales portal, powerhouse, SalesGravy.com and Jonathan Farrington, Chairman of The Sales Corporation based in London and Paris and CEO of Top10SalesArticles.com, who share a life-long passion for sales, decided it was time for a book award program just for sales and sales related books, ebooks, and audio books.

Farrington, who has identified and cataloged the world’s top sales experts on his website TopSalesExperts.com said, “Our ultimate goal is to develop and foster a wide coalition of thought leaders, educators, publishers, authors, and corporations who share our mission to recognize authors and publishers who create outstanding works which contribute to the profession of sales.”

“Advancing sales as a profession is our core mission,” said Blount. “All proceeds from corporate sponsorships and entry fees will be used to create scholarships for deserving students enrolled in University level, sales degree programs.”

He explained that across the globe there are more than 50 universities and colleges that have developed degree level programs for sales within their business schools. “The students who graduate from these programs will be responsible for growing the world’s economy in the very near future. Our desire is to play a small but significant role in helping future Sales Professionals meet their financial needs while at the same time highlighting the accomplishments of today’s key thought leaders who contribute so much to sales.”

In the spirit of their mission, Jeb and Jonathan tapped three students, enrolled in professional selling at the University of Central Florida, to design the Sales Book Awards and build the website. According to Blount, Yurani Caicedo, who will be selling for the Miami Heat when she graduates this summer, along with Bri Chmel, the 2007 Women’s World Wakesurfing Champion who will also be enrolled in the University of Central Florida Sales Track this fall, and Raymi Dick, a UCF marketing major who graduates in 2009, were the real key to bringing the Sales Book Awards to life.

The Sales Book Awards call for entries begins on June 23, 2008. Titles may be entered online at http://www.salesbookawards.org.

Any publisher or author may enter books with publication dates between January 1, 2005 and December 31, 2008. Books will be judged in ten separate categories and a title may be entered in up to five categories. Finalists in each category will be announced on November 15, 2008. On December 15, 2008 category winners and the Sales Book of the Year will be named.

For information go to:

http://www.SalesBookAwards.org

June 21, 2008

Top Sales Experts Releases New Sales E-book

The Top Sales Experts have released a new 139 page e-book with articles by over 50 top sales trainers.

Topics covered range from prospecting to leadership to the sales process to managing sales teams and everything in-between. Authors include Dr. Tony Alessandra, Jill Konrath, Jonathan Farrington, Jeb Blount, Keith Rosen, Wendy Weiss, Dr. Gregory Stebbins, Tim Wackel, Ann Miller, Lee Salz, Kelley Robertson, myself and many others.

I encourage you to click over HERE and download your copy. Over 50 great articles by some of the best minds in the business of sales—and its free. Best yet, when you do download the book, you’ll be automatically registered to receive all future editions of the Top Sales Experts e-books when they come out.

There are a lot of e-books on the market—most of them are quite honestly junk. This is the exception. No matter where you are in your sales career or what sales issues you might be facing, you’ll find numerous articles that will help you sell more, make more money, and get more enjoyment out of your career.

April 15, 2008

Book Recommendation: Coaching Salespeople into Sales Champions

Transitioning from Manager to Coach
A Tactical Coaching System for Managers and Executives

“There is no other single activity to boost sales that works better than sales coaching and Keith’s book, Coaching Salespeople into Sales Champions, is the best ever written on how to do it well.”
- Brian Tracy, Author, Getting Rich Your Own Way

“Winning in sales is no different than winning in life. If you embrace Keith’s philosophy, you can certainly expect to win in all areas of your life, while making a profound and measurable impact on your salespeople’s performance and attitude.”
- Dr. Denis Waitley, Best Selling Author of The Seeds of Greatness and The Psychology of Winning

Technology has not only changed the way companies sell but the way managers build and develop their team. Even with the right knowledge and resources, they’re usually too bogged down in daily challenges, deadlines, and personal responsibilities to get it all done. As a result, advancing their people takes a back seat to more immediate problems, keeping teams mired in mediocrity.

With a savvy, younger generation to manage and fewer resources to do so, managers have less face time with their staff. As more companies transition to a virtual team environment, it’s essential for managers to learn how to quickly and efficiently coach, develop, motivate and retain their top performers at a distance; over the telephone and via the internet.

The fact is, regardless of experience, most leadership efforts are doomed from the start. Managers lose talented people and maintain an atmosphere of mediocrity not because of a lack of effort but because they lack the coaching acumen and skill set as well as a defined coaching system to leverage each person’s strengths and abilities in order to generate consistent, worthwhile results.

If you’re responsible for coaching or managing anyone, best selling author Keith Rosen will help you make the transition from manager to coach by developing the missing discipline of leadership – executive sales coaching. Most managers have never been trained to manage, let alone coach effectively. In his new book, Coaching Salespeople into Sales Champions, Keith delivers a tactical coaching system for managers, business owners, coaches and executives – anyone who wants a proven and powerful method to coach and develop true champions.

Plenty of programs espouse new management and leadership theories for managers, but few show you how to actually coach your people on a daily basis in a way that creates measurable change. Now, you can implement a systematic approach to develop a world class team and achieve the meaningful, long lasting results you want-today.

Tap into the experience of a master coach and learn how to:
• Turn underperformers into super-achievers, fast. (Under 30 days.)
• Attract and retain top talent.
• Motivate their team through the Art of Enrollment™, the new language of leadership.
• Empower their people to solve their own problems and become fully accountable using the L.E.A.D.S. Coaching System™ – rather than being dependent on you.
• Handle difficult people without conflict and determine when to let them go without collateral damage.
• Leverage your personal strengths as well as the hidden talents of your team.
• Eliminate hours of your daily workload so you can focus on the activities that yield the greatest ROI.
• Transition from manager to coach.
• Make the shift from a corporate culture to a coaching culture.

** 72 HOUR BOOK EVENT ENDS THURSDAY**
Purchase Coaching Salespeople into Sales Champions by April 17 and enjoy access to hundreds of dollars worth of additional materials from Dr. Tony Alessandra, Zig Ziglar, Tom Hopkins, Jim Cathcart, Jill Konrath, Dave Lakhani, Bob Kantin, Dr. Rick Kirschner, CanDoGo.com, AllBusiness.com, SalesDog.com, Paul McCord and more. You can spend hundreds of dollars separately or you can invest about $20.00, order one copy of Keith’s book today and spend not one penny more. Look at the resources you get here.

Remember, this time sensitive event ends April 17 at midnight. I encourage you to get Coaching Salespeople into Sales Champions and the additional materials from an impressive group of people who are supporting this book. You’ll be glad you did. Click here to learn more.

Get Keith’s book 37% off and hundreds of dollars worth of additional materials here.

April 9, 2008

Book Review: Secrets of Question Based Selling, by Thomas A. Freese

How do you connect with and engage prospects and clients?  How do you gather the basic information you need in order to create interest and curiosity?  How do you find and highlight their needs or wants?  How do you determine what your prospect is thinking and what concerns they might have?

More than likely you use questions, at least to some extent.

Since you’re already using questions and since you’ve been taught to never ask a closed-end question and you’ve mastered the art of the open-ended question, why should you pick up Thomas A. Freese’s, Secrets of Question Based Selling: How the Most Powerful Toll in Business Can Double Your Sales Results (Sourcebooks, 2003)?  Because much of what you’ve been taught about questions and questioning is just flat wrong according to Freese.

Secrets of Question Based Selling (QBS) is obviously a book about questions and the art of using them to engage your prospect.  But it is far more than a book about questioning; it’s a book about effective selling and how to use questions to prick interest, discover information, engage and feed the needs of multiple participants in the decision making process, get past gatekeepers, get a return call when you leave a voice mail message, and to close the sale.

QBS isn’t just a book about questions.  Naturally, Freese discusses questions and questioning in great detail.  He lays out a number of types of questions and their uses.  He gives examples of both effective and ineffective questions.  He relates stories of question success—and question failure.  He addresses erroneous traditional question training such as to ask open-ended questions only.  He demonstrates the power of a well-crafted question–and how ill conceived questions lead to self-inflected wounds.

However, if you look at Secrets of Question Based Selling as a book about questions, you miss the power and essence of Freese’s message.  At its core, QBS isn’t really about asking questions.  It’s about understanding human nature and formulating a sales process that emanates from understanding who people are, how they think, how they respond, and what captures their attention and addresses their needs.

Secrets of Question Based Selling is one of a long line of books written over the past two and half decades that tries to set out a rational, workable, effective sales process for the complex sale.  The complex business-to-business sale has been the primary focus of sales process trainers for the last decades with little attention given to the less complex business-to-business and business-to-consumer sale.

Although designed for and directed toward the complex sale, many of the strategies and techniques in these sales process books are applicable to other types of sales situations although the authors seldom, if ever, address those situations.  Freese, to his credit, doesn’t ignore the vast majority of salespeople who are not engaged in complex solution selling.  He gives examples from the less lofty world of sales and even an example or two from the world of the one-time close sale.

The sales process Freese sets forth covers the gamut of prospect contract, from initial call to the close of the sale.  The primary tool used is questions but the foundation is an understanding of how people respond during the process of considering a purchase of any type, any size—and that basic human nature is the same for the company contemplating a twenty million dollar purchase as the couple contemplating a twenty thousand dollar purchase.

Whether you sell health insurance in a one-time close sale to mom and pop or the most sophisticated high tech services to Fortune 50 companies, Secrets of Question Based Selling is filled with gems that will help you connect with your prospects.  You may not choose to adopt the entire sales process Freese presents—the process in its entirety isn’t right for everyone or every situation, you cannot read the book and not walk away without having improved your ability to engage your prospect and your clients—and earn more money.

March 10, 2008

Now there’s no excuse for not being a sales superstar

What is the single most difficult part of selling? Finding prospects? Closing the sale? Overcoming objections? Is it marketing, time management, or learning how to handle rejection?

No, it isn’t any of those. And, at the same time, it is all of those.

The single most difficult part of selling is figuring out how you can align your sales business with your personal strengths and minimize your weaknesses.

Sounds simple, right?

Hardly.

85% of all salespeople either fail and are flushed out of sales or never progress beyond simply being average or a little above average because they’ve never learned how to make their sales process with whom they are. Instead, they try to be who the sales trainers and their managers tell them to be—“use this marketing method and you’ll be successful”; “use this sales process and you’ll be successful”; “prospect this way and you’ll be successful.”

Guess what? That doesn’t work.

Every salesperson, professional and business owner is unique, with a unique set of personal behavioral traits, a unique personality, and with their own set of learned skills.

Although you can lean new skills, your behavior and personality are difficult if not impossible to change. In order to become a top producer, you MUST align your sales business with your personal strengths and you MUST minimize your personal weaknesses.

Trying to be someone else, working the way they work, doing what they do, using the same techniques and strategies they use won’t get you where you want to be.

That’s the “secret” the top producers have discovered. They’ve learned what works for them.

And you must do the same if you want to reach the top of your industry.

Top producers have had to work hard at learning what works for them through trial and error. For most, it has taken them years of experimenting. False starts. Failed efforts. Putting together the pieces one hard fought step at a time.

You don’t have to go through the same slow, painful process. SuperStar Selling: 12 Keys to Becoming a Sales SuperStar will lead you through your sales business in a logical, detailed process to discover exactly what your strengths and weaknesses are; what markets are ideally suited to your behavior, personality and skills; what marketing and prospecting methods are ideal for you; what sales process will maximize your strengths and minimize your weaknesses; develop your personal mental bulwark against the doubt, fear, and self-criticism that destroys most sales careers; and give you a complete plan, including your goals and objectives and a strategy to reach those goals.

superstar-selling-cover.jpg

SuperStar Selling is the only detailed guidebook to establishing YOUR plan to success. It doesn’t give you canned, easy answers. Instead, it leads you through the process of developing your own answers to the 12 keys of becoming a top producer.

It isn’t an easy book to read and certainly isn’t an easy book to deal with. It demands you take a very close, serious, critical look at where you are and exactly how you got there. Then it requires you to figure out in real terms where you want to go. Finally, it guides to through making radical changes to your business to put yourself in line to reach your goals.

Frankly, it is a book that only the most serious will finish. But if you take your task seriously and work through the book and then implement your new plan, you WILL become a top producer. You cannot master the book and NOT BECOME A TOP PRODUCER.

And best of all, if you order the book today at Amazon, you’ll get over $2,500 of bonuses from some of the top trainers in the industry such as
• Frank Rumbauskas
• Dave Lakhani
• Keith Rosen
• Jill Konrath
• Dr. Joe Vitale
• Andrew Sobel
• Lee Salz
• Dave Anderson
• and many others.

See all of the bonuses HERE.

Once you’ve purchased at Amazon, go HERE to register for your bonuses.

Whether you’re new to sales, an experienced professional, or have a team of salespeople, SuperStar Selling is a CAREER CHANGING book.

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